Industry Segments: Commercial Page 3 / 3
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- June 28 2021
South Korea’s Coupang eyes US$300m claim over logistics centre fire
Korean Re, DB, KB, Lotte and Heungkuk F&M are the insurers involved.
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- April 16 2021
Allianz Australia hires head of commercial from QBE
Phuong Ly will start the Sydney-based role in October.
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- January 18 2021
Allianz Australia restructures after David Hosking departs
The German insurer is currently searching for someone to lead its commercial division.
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- August 6 2020
New Zealand February flood payouts rise: ICNZ
The claims total is at least US$20m - not including public infrastructure.
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- May 13 2020
Peacock steps up as Zurich reorganises senior Asia team
The company's commercial APAC division will be managed as two separate regions.
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- March 9 2020
Australia’s summer losses climb to US$3.3bn, says APRA
The number of extreme weather events for the market is likely to increase in future.
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- December 9 2019
AIG’s Alex Todd to switch from Canada to Asia
Todd will become head of commercial property for Asia-Pacific.
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- November 29 2018
Advanced analytics to propel Asean growth, says Malaysian Re
Technology and analytics should increase insurance penetration in the region.
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- October 19 2018
Allianz eyes 6% annual growth in Thailand
The country's low insurance penetration means insurers still have a large opportunity to expand.
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- November 23 2017
Allianz Global Corporate & Specialty expands in China, Indonesia
The business has started operations in Beijing and Jakarta to meet growing demand in the corporate insurance segment.
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- June 17 2016
‘You guys aren’t helping’
Forget innovation, insurance buyers complain that the industry in Asia is still not getting the basics right.
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- September 29 2015
Vietnam imposes higher premiums on employers
New insurance premium calculations to be applied in 2016 disappoint garment industry.
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- September 25 2015
VW sets aside US$7.3bn to clear the air
The diesel emissions scandal at Volkswagen has raised fears of more widespread liabilities for auto exporters.
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- September 21 2015
Thailand launches SME loan insurance scheme
SMEs with outstanding debt payments will be able to insure loans for as much as US$2.8bn.
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- September 17 2015
Commercial rates continue to plunge globally
Declines are driven by the benign loss environment and abundance of global capacity, says Marsh.
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- August 28 2015
Commercial premium declines likely to ease this year
Rates dropped globally during the second quarter of this year, led by Asia Pacific, according to Marsh.
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- August 18 2015
Chinese blast claims could reach US$1.5bn
Chinese insurance companies are bracing themselves for huge insurance claims after the Tianjin explosion.
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- August 17 2015
Rates of commercial insurance dip globally in Q2
Commercial insurance rates around the world posted a ninth consecutive quarter of decreases in Q2, says Marsh.